Defined benefit (DB) transfer values have now remained steady throughout October and November after a volatile end to the summer, according to Xafinity's transfer value index.
Over the course of November the value of Xafinity's hypothetical pension fluctuated just 1.6%, beginning the month at £232,000 and ending on the same figure. The difference between the maximum and minimum readings was just £3,000. November's stability followed a calm October, which saw fluctuations of just 2.3% over the course of the month, with values ranging from £229,000 to £234,000. The index last saw greater volatility towards the end of the summer, when it fell 4% throughout September from £240,000 in the first week to £230,000 by the end of the month, undoing the increase in Au...
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